City Hall Watch checked one off the ol' to-do-list this weekend by watching "Inside Job." That's the documentary, narrated by Matt Damon, that takes a hard look at the housing crisis and the greed system that got us into this mess. The movie shares the same name as a great story on the same topic from This American Life. The radio show does a better job setting the table on credit default swaps and how the insiders started betting that the housing market would collapse -- which, in fact, helped prolong the bubble. But the movie points fingers at some of the leaders who should have been paying attention (if not for textbook revisions ... and being paid money by a chamber of commerce to write a glowing report of an economy on the verge of collapse ... and then changing the title of said report on one's resume, which apparently was a typo).

Anyway, the story of foreclosures seems timely this morning as we look at the Portland Development Commission agenda for this week. Home and commercial foreclosures are a different beast, but since we're on the topic:

"In the summer of 2010, Albina Community Bank approached PDC and requested that PDC consider purchasing the Property," the board report says. "Albina acquired the Property, formerly an automotive dealership, in 2010 through foreclosure proceedings from Metro Auto Wholesale."

Meanwhile, the Portland City Council this week will receive a one-year progress report on the city's bike plan; will pay $105,000 to a southwest Portland resident who found a sinkhole on her property tied to a sewer pipe installed by Multnomah County in the 1960s, before the property was annexed into the city; and will chip in $50,000 to Janus Youth Programs to help pay for a grocery store at New Columbia.

No calendars today, as commissioners Amanda Fritz and Dan Saltzman were the only to post theirs by early morning.